The Generation Essentials Group

The Generation Essentials Group

0.69
EUR
-0.08
(-10.97%)
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.39
1.72
1.08
1.18
- -
Basic EPS, GAAP
0.32
0.17
0.59
-0.17
- -
Free Cash Flow per Basic Share
-0.03
0.02
0.1
0.25
- -
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
6.18
2.22
13.73
15.04
13.73
Tangible Book Value per Share
4.2
-0.32
11.26
12.58
11.26
Basic Weighted Avg Shares
47
47
47
46
48
Sales/Revenue/Turnover
18
80
51
54
- -
Operating Margin (%)
113.11
28.8
64.73
-24.74
- -
Depreciation Expense
1
3
12
15
- -
Net Income, GAAP
15
8
28
-8
- -
Effective Tax Rate (%)
2.53
9.5
3.54
- -
- -
Profit Margin (%)
82.05
10.17
54.77
-14.27
- -
Working Capital
138
-51
9
85
9
LT Debt
51
62
220
209
220
Total Equity
487
278
769
839
769
Return on Invested Capital (%)
- -
5.62
8.3
- -
- -
Return on Capital (%)
- -
1.26
3.16
- -
- -
Return on Common Equity (%)
- -
4.15
7.22
-1.11
- -

Capital Structure

USD

•

in mil. unless spec.
Jun'24
Dec'24
ST Debt
- -
- -
LT Borrowings
220
219
LT Finance Leases
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
Shares Outstanding
47
48
Market Capitalization
- -
- -

Working Capital

USD

•

in mil. unless spec.
Jun'24
Dec'24
Total Current Assets
77
85
Cash, Cash Equivalents & STI
61
45
Accounts Receivable, Net
4
6
Inventories
- -
- -
Total Current Liabilities
91
76
Payables & Accruals
90
75
ST Debt
- -
- -
Deferred Revenue
1
1

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
9.1%
Free Cash Flow
- -
- -
147.42%
Net Income, GAAP
- -
- -
-127.94%
Sales/Revenue/Turnover
- -
- -
7.2%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
80
2024
- -
- -
51
2025
- -
- -
54

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.17
2024
- -
- -
0.59
2025
- -
- -
-0.17

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Giampietro Baudo
Full Time Employees
166
Sector
Finance
Industry
Financial conglomerates
Address
66 Rue Jean-jacques Rousseau Paris IF France 75001
IPO Date
Jun 5, 2025
Business
The Generation Essentials Group (NYSE: TGE) is a media and entertainment company focused on fashion, arts, lifestyle, cultural, entertainment, and food & beverage (F&B) businesses worldwide. The company publishes print publications and digital content including L’Officiel, L’Officiel Hommes, The Art Newspaper, and DigFin; produces and invests in Asia-focused movies through partnerships such as with Alibaba Pictures; holds premium building properties; provides hotel operations, hospitality, and VIP services in Hong Kong and Singapore; operates IP-extended F&B businesses; and hosts cultural events. It also conducts strategic investments, including proprietary portfolio management, equity investments in listed and unlisted shares, movie income rights, and holdings in two major Chinese regional banks. The company operates through three segments: media and entertainment; hotel operations, hospitality, and VIP services; and strategic investment, with key revenue from the latter's investment activities. Founded in 2023 and headquartered at 66 rue Jean-Jacques Rousseau, Paris, 75001, France, The Generation Essentials Group was jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD), and AMTD Digital Inc. (NYSE: HKD), with licensing agreements for L’Officiel and The Art Newspaper brands from AMTD Group; L’Officiel maintains a presence in nearly 28 countries and territories through 49 international editions, while The Art Newspaper covers the global art world with over 50 correspondents. The company targets luxury consumers, cultural enthusiasts, high-net-worth individuals, and institutional investors across Europe, Asia, and North America. In June 2025, The Generation Essentials Group completed a de-SPAC business combination with Black Spade Acquisition II Co. (NASDAQ: BSII), following shareholder approval on May 30, 2025, enabling its public listing on the NYSE under ticker TGE and positioning Black Spade II as a wholly owned subsidiary to enhance its global footprint in media, entertainment, fashion, and hospitality. This strategic merger, supported by AMTD entities, marked a significant milestone for expansion in multi-media, cultural affairs, and premium properties, with ongoing cross-collaboration opportunities noted by leadership including Chairman Dr. Feridun Hamdullahpur and CEO Giampietro Baudo. No additional major acquisitions, funding rounds, or product launches have been reported in the past year beyond this transformative public listing.

Company News

  • AMTD IDEA shines and successfully grows into a global independent hotels brand

  • TGE Announces the Expansion of Global Footprint of The Art Newspaper

  • TGE's L'Officiel Coffee Successful Opening in Macao SAR; and L'Officiel's Singapore and Taiwan Expansion

  • AMTD's TGE in Negotiations to Acquire a second New York Hotel

  • TGE's profit surged by 9.9 times, with total assets at US$1.8bn and net assets at US$932m

  • The Generation Essential Group's Receipt of NYSE Letter Regarding Class A Ordinary Shares Trading Price

  • AMTD Appoints Benjamin Sutton as Global Editor-in-Chief of The Art Newspaper

  • Dao by Dorsett AMTD Singapore Honoured with Tripadvisor Travellers' Choice 2026, Recognised Among the Top 10% of Properties Worldwide

  • TGE Highlights Significant Progress in Building Its Global AMTD-Branded Hotels Network

  • AMTD Announces Positive Revenue Alert in 1H 2026, attributable to increased contributions from the Hospitality Arm through Successful Acquisitions of 4 Hotels

  • L'OFFICIEL AMTD IDEA Sets 2026 Launch for L'OFFICIEL Taiwan and L'OFFICIEL 时装 Singapore

  • Bullbit Launches $BUBI, Building Toward a Comprehensive Ecosystem

  • AMTD Group and AMTD IDEA Reaffirm Long-Term Commitment to TGE with a Two-Year Voluntary Lock-Up

  • AMTD Announces Progress on Share Repurchase Programs and Communicates Intent to Accelerate Buybacks

  • TGE's Media Business Enters a Phase of Full-Scale, Multi-Market Expansion

  • TGE Announces Share Repurchase Program and Voluntary Lock-Up by Controlling Shareholder

  • Dr. Calvin Choi, Founder of AMTD IDEA, Successfully Re-Appointed as the President of the Hong Kong Island Federation

  • TGE's New Film "Dog Day Evening" Set to Be Released in Cinemas in June 2026

  • TGE Completes Interior Fit-Out of the World's Second L'OFFICIEL COFFEE in Macau

  • TGE's Global Hospitality Portfolio exceeds US$860 million